These Group A stocks were shining on the bourses in Thursdays trading session!
These Day Movers delivered more than 6 per cent returns today.
Eveready Industries India Limited is one of the leading manufacturers of dry cell batteries in India and offers products such as batteries, flashlights, lighting solutions, and home appliances. A well-known stock broker, Utsav Parekh joined the company’s board as a non-executive and non-independent director in February 2021. As per the current information he bought a cumulative 1 lakh shares of the company from the open market. He purchased 50,000 shares each twice, on 27 June and 29 June, respectively. Today the shares of the company rallied by 9.20 per cent and the scrip ended at Rs 331.30.
Infibeam Avenues is engaged in the business of software development services, maintenance, web development, payment gateway services, e-commerce and other ancillary services. The company will unveil CCAvenue Mobile App which will be the World’s most advanced Omni‐channel Payment Platform with a new built‐in CCAvenue TapPay providing a revolutionary SoftPoS solution. Today the shares of the company rallied by 6.91 per cent and the scrip ended at Rs 14.08.
Bajaj Electricals the electrical equipment manufacturing company has formed a unified Lighting Business segment by combining its Consumer Lighting Business and its Professional Lighting Business. In the company’s press release the company informed that, over the last three years, it has undertaken multiple initiatives including the acquisition of further stakes in Nirlep Appliances Private Limited, Starlite Lighting Limited and the planned scheme of arrangement for a split of the entity into two independent publicly listed companies (upon a demerger of its power infrastructure business). The planned split is likely to come into effect later this fiscal. Today the shares of the company rallied by 6.06 per cent and the scrip ended at Rs 1016.55.